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Prepare Skysong journal entry to record the issuance

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Question - Skysong Corporation issued 1,700 shares of its $10 par value common stock for $68,400. Skysong also incurred $1,300 of costs associated with issuing the stock.

Required - Prepare Skysong's journal entry to record the issuance of the company's stock.

Reference no: EM132653358

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